In this tour de force, Cohan provides a minute-by-minute account of the events that brought America's second Gilded Age to an end. Filled with intimate portraits of the major players, high-end gossip, and smart financial analysis, House of Cards recounts in delicious narrative form the dramatic events behind the fall of Bear Stearns and what it revealed about the financial world's progression from irrational boom to cataclysmic bust. House of Cards is the Rosetta Stone for understanding the dramatic and the unprecedented events that have reshaped Wall Street and global finance in the past two years.
©2009 William D. Cohan; (P)2009 Tantor
A book lover with varied interests: history, political and technical and economic thrillers, mysteries, crime dramas, futuristic fantasy.
House of Cards was a fabulous read. It was informative and entertaining -- a swashbuckler of sorts. Though I am not a financial professional, I was able to keep up with the jargon. (I did think though that the printed book would probably have had an index.) The book gave some insight into the workings of investment banks, their products, and the disastrous impact of the subprime mortgages and the housing bubble on those banks. Narrator Alan Sklar captured the excitement of the period. I am recommending the book to those interested in the subject.
Very good book on the recent financial mess. the book goes into great detail. if you are interested in understanding the players and what REALLY happened, listen to this book.
It was hard to turn off as I listened in my car on long trips. Well worth the time. Explains how smart people can be so smart they fail to check on the details. Definitely recommend.
Yet another great product from the master of current Wall Street biographer/historian. Mr. Cohan never fails to make the absurd and menial sound so entertaining and absorbing. This one topped the Lazzard saga. I resolved to buying a print edition for keep. Mr. Sklar is absolutely superb in his tone and delivery. I can see Jimmi and Ace talking directly to me. Can't wait for the next one.
I read science, biographies, histories, mysteries, adventures, thrillers, educationals, linguistics but not no way, not no how, romances.
Just wow! That's all there is to say. Through painstaking interviews and research, the author constructs the history of this bizarre firm, Bear Sterns, how the personalities of its CEOs determined its future from the twenties on and then how within a week it all fell apart, wiping out billions in wealth almost overnight. Though it is a book about the history of a banking firm, it has an urgency and pacing more reminiscent of a thriller. The people come alive on the pages and the incredible hubris and greed that overwhelms them will shock you, the infighting will excite you and the collapse will astonish you.
The writing is neat and evocative, the reader is amazing and the story itself is almost too eccentric to be real. But it is, and it will help you understand the financial crisis in America and how it came about.
Definitely get this book, it's so much all at once.
I could not stop listening to the book. In my car, at home, it didn't matter. Great story of a very tumultuous time in US History.
I've been listening to audio books for well over twenty years (even before audible was available). Secretly, I wish I could be a narrator.
Not the best book to listen to. The author was too verbose and didn't keep the story moving along. I found myself fast forwarding just to get to the end.
I like unabridged books because I like the detail of "being there." I won't say listening to this was easy - the material is complex and dozens of characters are involved - but it did frequently have me on the edge of my chair.
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